JPMorgan Chief Executive Jamie Dimon lost both his parents to cancer earlier this week. Veteran Wall Streeter Theodore “Ted” Dimon passed away on June 5 at the age of 85. Themis Dimon, his ... Bitcoin 'is a fraud' and will blow up, Jamie Dimon, chief executive of JPMorgan Chase & Co, said on Tuesday. Speaking at a bank investor conference in New York, Dimon said, 'The currency isn't ... Investors were in a hurry Wednesday to dump the cryptocurrency Bitcoin, after JPMorgan CEO Jamie Dimon warned that it “is a fraud” and will eventually “blow up”. Bitcoin is the original--and still the biggest--cryptocurrency, and has been on a tear in recent months. According to Reuters, it hit a record high just below $5,000 at the start of September after a more than fivefold ... Bitcoin rose around 30 percent in one month following Jamie Dimon's speech, where he also compared the currency to tulips bulbs in a reference to the famous market bubble from the 1600s. JP Morgan CEO Jamie Dimon still isn't excited about Bitcoin's potential. In an interview overnight he said he doesn't "really give a shit" about the cryptocurrency. Dimon called Bitcoin a "fraud" in September 2017. While its underlying blockchain technology is "real", he said overnight that he doesn't "really give a s…t" about the digital currency and can't see it rivalling fiat money.
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Wall Street JP Morgan CEO Jamie Dimon calls Bitcoin a fraud and discusses Bitcoin, Blockchain, Cryptocurrency, Bubbles, Bitcoin Bubble, The Fed, Monetary Policy, Cryptomania, Tulip Bubble, and ... J.P. Morgan CEO Jamie Dimon said that governments will "close [bitcoin] down." In the U.S., thankfully, that can never happen because bitcoin is protected by... JPMorgan CEO Jamie Dimon breaks down his view on bitcoin while speaking Friday at the Institute of International Finance. » Subscribe to CNBC: http://cnb.cx/... The CEOs of America's largest banks testify on Capitol Hill about how the industry has transformed in the 10 years following the financial crisis. » Subscrib... The "Squawk Box" crew discuss J.P. Morgan Chairman and CEO Jamie Dimon's latest comments on bitcoin and the trade war. » Subscribe to CNBC: http://cnb.cx/Sub...